Running Head: SWOT ANALYSIS                                1
SWOT ANALYSIS        2
SWOT ANALYSIS
Table of Contents
Purpose    3
Limitation and Advantages    4
Limitation    5
Table 1    5
Reference    7
Purpose
SWOT analysis stands for strengths, limitations, opportunities and risks. Nearly everybody is conscious of SWOT in the world of business. The evaluation aims at identifying the external and internal factors that could affect any company's potential success. As mentioned by Abdel-Basset, Mohamed and Smarandache (2018), in a SWOT analysis (Strengths, Weaknesses, Opportunities and Challenges), the four factors listed are aimed at determining the correlation between a company's internal strengths and weaknesses and diversity and differences and threats.
According to the existing resources and activities of the organization (Stevens District Hospital in this case), such as the industry, in which the entity operates, SWOT recognizes the strategies used to create a particular business model. It considers benefits and disadvantages that affect its success, both inside and outside the company. The analysis improves the employee forecast or estimate emerging times that advantage any organization's (Stevens District Hospital) decision-making procedure.
Over the years, healthcare providers have been under mounting pressure to much more efficiently and cost-effectively provide safer treatments while respecting patient privacy and ensuring compliance with the ever regulations. A significant aspect of the strategic planning phase is the SWOT (strengths, weaknesses, opportunities and threats) report, which should be evaluated on an on-going basis.
The SWOT review supports the business plan that acts as a map for staff to obtain advice on how the company should be guided. In order to manage systemic change and set concrete targets for the future of the organization, SWOT analysis requires a scan of the natural atmosphere, both domestically and abroad. The aim of this paper is to analyze the Stevens District Hospital SWOT study, the ways the findings can be applied to the organization and the way; it can affect the healthcare administrator.
Limitation and Advantages
When the strategic planning team carries out a SWOT analysis, the internal evaluation allows them to provide an honest analysis of the...